Closing prices at the end of each trading day, from 26 Jul 2018. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 70.3 | 284.7 | 714.1 | 906.5 | 471.6 | 357.3 | 328.8 | 290.2 | 316.2 | 374.8 |
| Growth | +304.9% | +150.8% | +26.9% | −48.0% | −24.2% | −8.0% | −11.7% | +8.9% | +18.6% | |
| Operating income | −57.7 | −92.4 | −92.8 | −147.2 | −189.8 | −138.1 | −100.9 | −40.5 | −9.9 | 0.7 |
| Net income | −61.4 | −90.3 | −66.2 | −109.8 | −225.1 | −140.6 | −107.0 | −62.1 | −7.0 | 0.4 |
| Growth |
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 32.1% | 25.1% | 27.6% | 28.3% | 43.7% | 74.1% | 68.7% | 68.7% | 66.1% | 67.2% |
| Operating margin | −82.0% | −32.5% | −13.0% | −16.2% | −40.3% | −38.7% | −30.7% | −14.0% | −3.1% | 0.2% |
| Net margin | −87.3% | −31.7% | −9.3% | −12.1% | −47.7% | −39.3% | −32.5% | −21.4% | −2.2% | 0.1% |
| Free cash flow margin | −86.8% | −36.5% | −21.8% | −7.2% | 11.9% | −26.0% | −5.5% | −6.3% | 1.3% | 17.2% |
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | −42.2 | −75.5 | −97.9 | −25.8 | 75.8 | −76.7 | −17.5 | −17.9 | 8.5 | 64.9 |
| Capital expenditure | −18.9 | −28.4 | −57.9 | −39.5 | −19.7 | −16.3 | −0.6 | −0.3 | −4.5 | −0.3 |
| Free cash flow | −61.0 | −103.9 | −155.9 | −65.3 | 56.1 | −92.9 | −18.1 | −18.2 | 4.0 | 64.6 |
| Growth | −265.6% | +1,501.8% | ||||||||
| Buybacks | n/a | n/a | −3.2 | −37.6 | n/a | n/a | −1.7 | −3.7 | −2.6 | −7.6 |
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash | 103.2 | 208.2 | 576.6 | 431.5 | 356.1 | 90.6 | 116.1 | 114.5 | 119.2 | 168.0 |
| Total debt | n/a | n/a | 240.2 | 244.2 | 228.4 | n/a | n/a | n/a | n/a | n/a |
| Net cash (debt) | n/a | n/a | 336.4 | 187.3 | 127.7 | n/a | n/a | n/a | n/a | n/a |
| Shareholders’ equity | −108.4 | −224.4 | 601.7 | 507.8 | 321.2 | 215.4 | 127.7 | 73.5 | 67.9 | 65.8 |
| Debt to equity | n/a | n/a | 0.40 | 0.48 | 0.71 | n/a | n/a | n/a | n/a | n/a |
In millions of CNY, except per-share figures and ratios. Fiscal years, as last filed with the SEC.
| Fiscal year | FY2016 31 Dec 2016 | FY2017 31 Dec 2017 | FY2018 31 Dec 2018 | FY2019 31 Dec 2019 | FY2020 31 Dec 2020 | FY2021 31 Dec 2021 | FY2022 31 Dec 2022 | FY2023 31 Dec 2023 | FY2024 31 Dec 2024 | FY2025 31 Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operations | ||||||||||
| −42.2 | −75.5 | −97.9 | −25.8 | 75.8 | −76.7 | −17.5 | −17.9 | 8.5 | 64.9 | |
| Growth | −201.1% | +659.7% | ||||||||
| Investment | ||||||||||
| −18.9 | −28.4 | −57.9 | −39.5 | −19.7 | −16.3 | −0.6 | −0.3 | −4.5 | −0.3 | |
| calc | −61.0 | −103.9 | −155.9 | −65.3 | 56.1 | −92.9 | −18.1 | −18.2 | 4.0 | 64.6 |
| Growth | −265.6% | +1,501.8% | ||||||||
| −29.9 | −28.6 | −139.2 | −89.0 | −144.4 | 26.4 | 26.9 | 25.1 | −5.4 | −7.5 | |
| Financing | ||||||||||
| 135.3 | 217.4 | 614.9 | −33.9 | 0.3 | −54.5 | −148.0 | −8.7 | 1.2 | −8.0 | |
| n/a | n/a | −3.2 | −37.6 | n/a | n/a | −1.7 | −3.7 | −2.6 | −7.6 | |
Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative. Shown in CNY as filed; the screener converts to dollars.